The standard deduction for taxpayers who do not itemize deductions on Form 1040, Schedule A, has increased. The standard deduction amounts for 2020 are:
Taxpayers who are 65 and Older or are Blind
For 2020, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:
Allowance of partial above-the-line deduction for charitable contributions – permits taxpayers who do not itemize deductions to deduct up to $300 of cash contributions to charitable organizations per return. This provision applies to tax year 2020.